<h2 /><h2>Answer:</h2>
Product mix, also known as product assortment or product portfolio, refers to the complete set of products and/or services offered by a firm. A product mix consists of product lines, which are associated items that consumers.
For example, your company may sell multiple lines of products.Or your product lines may be vastly different, such as diapers and razors.
<span>Jake receiving a promotion at his law firm after winning an important case is an example of a positive social sanction. This is a sociological term used to explain the reaction to a person's behavior or actions.</span>
Answer:
Murphy Company
The year in which Murphy recognizes the income is year 2.
Explanation:
As a cash basis taxpayer, Murphy Company reports income and deductions in the year that they are actually paid or received. Similarly, as a cash basis taxpayer, Murphy Company deducts expenses in the year the expenses are paid off, which is not necessarily the year they were incurred. The income for services of $9,000 rendered to a customer, for which payment was received on January 3, year 2, will be recognized in year 2 and not in year 1 when the services were performed.
<span>Due to the existence of a large number of similar, but not identical, substitutes in most communities, the market for chiropractors is best considered monopolistically competitive.
A monopolistic competition is when different producers sell products that are differentiated by branding/quality. Since they differentiate in such ways, they are not perfect substitutes for one another.
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Answer:
a. It involves building long-term, mutually beneficial relationships.
b. It is a philosophy or perspective that stresses customer satisfaction.
c. It entails processes that focus on delivering value and benefits to customers.
Explanation:
Marketing: Marketing is the term which is used to manage the business in an effective and efficient manner. The motive behind this to build long term relationships with the customers through which customer satisfaction with the company products.
Here, the 4 PS (Place, product, price, promotion) and 4 Cs (Customer, cost, convince, communication should be used so that the organization can run in smooth manner.
So, options a.b and c are correct while option d is incorrect.
